Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
May 1, 2019
Both the Power companies have broken out of their trading range. PWF-T holds Investors Group and other investment management and insurance companies that are well positioned. The Lifecos under their management are being rolled under one name. This may bring a surge in investor interest. He looks to see which is selling at a larger discount to NAV -- right now favoring PWF-T.
Power Corp (POW-T)
May 1, 2019
Both the Power companies have broken out of their trading range. PWF-T holds Investors Group and other investment management and insurance companies that are well positioned. The Lifecos under their management are being rolled under one name. This may bring a surge in investor interest. He looks to see which is selling at a larger discount to NAV -- right now favoring PWF-T.
Michael Sprung
President, Sprung Investment Management
Price
$30.660
Owned
_N/A
HOLD
HOLD
May 1, 2019
Will rail benefit? He thinks rail and the new Alberta government will benefit them. Pipelines are safer, but oil needs to move. SU-T is their primarily holding in the energy space. A fully integrated company that benefits from production and refining. Yield 3.5%.
Will rail benefit? He thinks rail and the new Alberta government will benefit them. Pipelines are safer, but oil needs to move. SU-T is their primarily holding in the energy space. A fully integrated company that benefits from production and refining. Yield 3.5%.
Michael Sprung
President, Sprung Investment Management
Price
$43.750
Owned
Yes
BUY WEAKNESS
BUY WEAKNESS
May 1, 2019
It has been a good growth company. There is a large amount of organic growth occurring. A well-managed company, but it trades at too high a valuation for him right now -- although the growth may justify the valuation.
It has been a good growth company. There is a large amount of organic growth occurring. A well-managed company, but it trades at too high a valuation for him right now -- although the growth may justify the valuation.
Michael Sprung
President, Sprung Investment Management
Price
$96.490
Owned
No
PAST TOP PICK
PAST TOP PICK
May 1, 2019
(A Top Pick Apr 16/18, Down 15%) A strong cash-flow generator and he continues to recommend it for the international diversification and good yield of 8%. He thinks the payout ratio is still less than 90% and will be capable of continuing the dividend.
(A Top Pick Apr 16/18, Down 15%) A strong cash-flow generator and he continues to recommend it for the international diversification and good yield of 8%. He thinks the payout ratio is still less than 90% and will be capable of continuing the dividend.
Michael Sprung
President, Sprung Investment Management
Price
$32.980
Owned
Yes
PAST TOP PICK
PAST TOP PICK
May 1, 2019
(A Top Pick Apr 16/18, Up 68%) Purchased by Brookfield shortly after recommending it. He sold it soon after the announcement close to the final price. He wished this happened more often.
(A Top Pick Apr 16/18, Up 68%) Purchased by Brookfield shortly after recommending it. He sold it soon after the announcement close to the final price. He wished this happened more often.
Michael Sprung
President, Sprung Investment Management
Price
$0.000
Owned
No
PAST TOP PICK
PAST TOP PICK
May 1, 2019
(A Top Pick Apr 16/18, Up 16%) The Canadian banks have been recovering since December. RY-T is the dominant bank in the country. Overall, it has the scale to compete and has a good balance among its segments. He continues to recommend it.
Royal Bank (RY-T)
May 1, 2019
(A Top Pick Apr 16/18, Up 16%) The Canadian banks have been recovering since December. RY-T is the dominant bank in the country. Overall, it has the scale to compete and has a good balance among its segments. He continues to recommend it.
Michael Sprung
President, Sprung Investment Management
Price
$106.450
Owned
Yes
BUY
BUY
May 1, 2019
He has been a fan for some time -- during ups and downs. It was recently penalized when an analyst spoke of some issues. He thought it was overdone and will be remedied soon. . They have over 15-20 investee companies, providing great diversification. The biggest problem is they are growing so large, it takes bigger projects to move the needle. It has a compelling value at this level.
He has been a fan for some time -- during ups and downs. It was recently penalized when an analyst spoke of some issues. He thought it was overdone and will be remedied soon. . They have over 15-20 investee companies, providing great diversification. The biggest problem is they are growing so large, it takes bigger projects to move the needle. It has a compelling value at this level.
Michael Sprung
President, Sprung Investment Management
Price
$18.040
Owned
Yes